The retailer previously closed a round of stores in February 2021 and February 2020.
The home goods retailer said it has closed roughly 170 locations thus far and is still on track to hit its 200-store goal by year’s end.
In this latest round of store closures, New York will lose seven stores, California will close five, and Washington, four.
Arizona, Georgia, Minnesota, Pennsylvania, and Texas will lose two stores apiece.
Alabama, Florida, Idaho, Michigan, Missouri, Mississippi, New Jersey, Ohio, Virginia, Wisconsin, and West Virginia are losing one store each.
The company’s shares have been down about 31 percent over the past 12 months.
Tritton admitted that BBBY lost about $100 million in sales during the third quarter due to COVID-related inventory and supply-chain issues.
He said that he was upbeat on the company’s remodeling efforts, explaining that the plan to refresh 400 stores over the next three years remains on track with 80 locations refurbished thus far.
BBBY’s flagship Buy Buy Baby chain remained a bright spot for the retailer in the last quarter, as sales in home and bath goods have slowed.
Tritton told Cramer that the Buy Buy Baby chain is one of the “true assets” of his company and is on track to deliver $1.3 billion in sales.
Birth rates have risen as millennials start raising families, which is amplifying the momentum at Buy Buy Baby, according to Tritton, as sales of baby food, car seats, and other accessories have increased.
“We are executing a full-scale transformation and simultaneously running a business in a highly unpredictable environment,” said Tritton at an earnings conference call.
Bed Bath & Beyond stock fell Friday at the end of trading to 13.80, down 0.63 points at 4.37 percent.